
Gold Price Today: The price of gold and silver has seen a lot of ups and downs in recent times. On Wednesday, the price of both is being seen. Gold prices have risen at Rs 1140 in a day while silver has also become expensive by Rs 2000. Today, the price of 24 carat gold in the country is Rs 1,01,300 per 10 grams, while a day earlier it was trading at a price of Rs 1,00,160. 22 carat gold is being sold at the rate of Rs 92,860 per 10 grams, while the price of 18 carat gold is Rs 75,890.
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Today, 24 carat gold is being sold at the rate of Rs 1,01,450 per 10 grams in the national capital Delhi, while 22 carat gold is being sold at the rate of Rs 93,010 and 18 carat gold at the rate of Rs 76,100. Along with the financial capital Mumbai, 24 carat gold is trading in Chennai, Kolkata, Bangalore and Hyderabad at a price of Rs 1,01,300.
While 22 carat gold is being sold in Mumbai, Chennai, Kolkata, Bangalore, Hyderabad at a price of Rs 92,860. Along with this, 18 carat gold is being sold at the rate of Rs 75890 per 10 grams per 10 grams in Mumbai, Kolkata, Bangalore and Hyderabad. The price of silver has gained slight rise. Today, where silver is being sold in the market at the rate of Rs 1,18,100 per kg, the price of silver in the country was being sold at a price of Rs 1,15,900 a day ago.
How is the rate fixed?
Gold and silver prices are fixed on a daily basis. Many factor is responsible for this, including exchange rates, dollar prices fluctuations, customs duty etc. In addition, the direct effect of upheaval in the international market gold priceIt falls on. If there is a situation of uncertainty in the global market, then investors consider it better to spend their money in safe investment like gold by making distance from the market.
Gold also has socio-economic significance in India. Gold is considered very auspicious from any wedding to festival festival. Gold near a family is also considered a symbol of the prosperity of that family. Sona has proved herself a better return than inflation in every round. This is the reason why yellow metals have always been demanding.
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